SHIB Price Analysis: Triangle Breakout Hints 52% Directional Move in SHIB

The Shiba In(SHIB) price pivoted from the resistance trendline of the triangle pattern on April 14th. The resulting downfall has slumped the altcoin by 12.2% and pulled it below the 200-day EMA. The increasing volume activity indicates the price is likely to continue the downtrend to the bottom support trendline before initiating the next bull

The post SHIB Price Analysis: Triangle Breakout Hints 52% Directional Move in SHIB appeared first on CoinGape.

CoinGape

3 total views, 1 views today

Author: toutiao